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20121202
20121210
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CSPAN 3
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CSPAN
Dec 9, 2012 10:30am EST
that by increasing taxes on families, halting employment growth, driving unemployment up instead of down, triggering a deep cuts to programs that families across the country count on. the job before the united states congress is to reach an agreement that builds on the economic progress that we are making, and puts us on a path to fiscal stability. we need to cut more spending, and generate more revenue. we need to do it in a smart way that keeps our economy growing. earlier this year, congress extended the payroll tax cut through 2012. the two percentage point payroll tax cut has played an important role to sustain the recovery. boosting economic growth by an estimated 0.5% of one percentage point, and creating 400,000 jobs. we should continue the payroll tax cut through 2013, and yesterday i introduce legislation that would keep the employee payroll tax at 4.2% next year. to keep the economy growing -- there is good evidence of that in the last couple of months? job growth of about 511,000. to keep that momentum going, we should provide tax credits to small businesses. my legislation includes such
CSPAN
Dec 8, 2012 2:00pm EST
the government point of view, everybody is talking about jobs and the fiscal cliff. everyone talks about taxes and what is going to happen with the fiscal cliff. there has been $1500 gone to increase oil prices. you can get them that tax cut today if you invested in our report. everybody talks about entitlements. high oil prices make the social security trust insolvent five years sooner than they would if he did not have high oil prices. america needs jobs and growth. following the recommendations in our report will lead to both of those. it would be good for american business. >> i will start with senator alexander. tell me about energy policy and where it fits in with the fiscal cliff. what we will spend money on and how we were tightened our belts. >> the major place it fits is the right policy would create an environment which would produce a lot more revenue. that would help to reduce the debt. the federal government doesn't spend much money on energy. energy research is about $6 billion a year. i would like to see it doubled. this report is a blueprint for independence and i think it is
CSPAN
Dec 9, 2012 2:00pm EST
trillion. protecting that and the tax revenues to the federal, state, and local governments that that economy generates is critical. that wealth-creating sector was basically shut down for days and in some cases by weeks by the storm appeared building to the standards in effect the day before the storm would peak in possible but also cost ineffective. rebuilding a system at the hoboken caissons would be impossible to do. last week research suggested their return from mitigation spending, especially with respect to flooding, is a national return of 5 to 1, a 14% return. given that these are long-lived transportation infrastructure assets, the return to the local, state, and federal governments of mitigation spending will be substantial, but will also protect this huge part of the nation's economy. >> senator, at the risk of repeating what has been say, i think, clearly, that mitigation is critical. we cannot just rebuild what was there, not only because it may not be physically impossible, but it would be frankly foolish to do so in my opinion. we need to build a system that
Search Results 0 to 2 of about 3